Ferrari (NYSE:RACE) Celebrated its 70th Anni at Goodwood

Ferrari (NYSE:RACE) Celebrated its 70th Anni at Goodwood

Ferrari (NYSE:RACE) Celebrated its 70th Anni at Goodwood

$RACE

At the weekend Ferrari fans saw the entire range of historic sports and road cars on a special display in front of Goodwood House in a unique celebration of Ferrari’s 70th Anniversary.

The 125S that was the 1st of Enzo Ferrari’s cars to wear the now iconic Prancing Horse badge, and in Y 1947, it was the 1st car to bear the name Ferrari.

As part of its 70th Anniversary celebration Ferrari brought its full Y 2017 Supercar lineup, and its 125S (a factory built replica), which took to the famed Goodwood hill climb alongside the Limited Edition LaFerrari Aperta.

Ferrari Brought Its First Prancing Horse-Badged Car Ever To Goodwood

The pair also led a Ferrari-only parade consisting of 70 cars, consisting of both road and race cars, some of which included championship winning single seaters.

The 125S was really special back in Y 1947, that due to its steel tube-frame chassis, double wishbone suspension and hydraulic power front and rear drum brakes.

Power came from a 1.5-liter V12 with 118 hp coupled to a 5-speed manual gearbox There were just 2 ever built, only 1 original exists today

Looking at The Maranello outfit’s oldest and newest side-by-side is not something Ferrari fans are going to see often.

Ferrari Brought Its First Prancing Horse-Badged Car Ever To Goodwood
At the weekend Ferrari fans were also able to see the entire range of historic sports and road cars on a special display in front of Goodwood House in a unique celebration of Ferrari’s 70th Anniversary.
Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 86.02 30 June 2017 0.07 86.64 86.94 85.74 352,600
HeffX-LTN Analysis for RACE Overall Short Intermediate Long
Bullish (0.29) Neutral (-0.01) Bullish (0.39) Very Bullish (0.50)

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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